Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Brazil - 2024
Contents:
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Brazil (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Brazil (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Brazil
- Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Brazil
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Brazil (CIF) - 2022
The average import price for iron or non-alloy steel wire, not plated or coateds stood at $1,993 per ton in 2022, increasing by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($3,426 per ton), while the price for South Africa ($1,274 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Brazil (FOB) - 2022
The average export price for iron or non-alloy steel wire, not plated or coateds stood at $1,475 per ton in 2022, with an increase of 39% against the previous year. Overall, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for iron or non-alloy steel wire, not plated or coateds increased by +46.5% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($2,685 per ton), while the average price for exports to Germany ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Brazil
Imports of iron or non-alloy steel wire, not plated or coateds into Brazil shrank rapidly to 71K tons in 2022, with a decrease of -24.7% compared with the year before. Overall, imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 176%. As a result, imports attained the peak of 94K tons, and then reduced dramatically in the following year.
In value terms, imports of iron or non-alloy steel wire, not plated or coateds dropped to $141M in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 167%. As a result, imports attained the peak of $161M, and then fell in the following year.
Import of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 14.6 | 6.6 | 37.6 | 38.6 | 38.3% |
Austria | 5.8 | 8.2 | 9.1 | 29.5 | 72.0% |
United Kingdom | 7.0 | 5.5 | 15.5 | 17.4 | 35.5% |
France | 17.8 | 10.7 | 16.9 | 10.5 | -16.1% |
United States | 8.4 | 10.7 | 25.8 | 8.1 | -1.2% |
Belgium | 6.2 | 2.0 | 10.7 | 7.8 | 8.0% |
South Korea | 3.7 | 7.7 | 5.1 | 7.1 | 24.3% |
Turkey | 1.9 | 0.9 | 14.7 | 5.9 | 45.9% |
South Africa | 1.3 | 0.7 | 3.2 | 5.6 | 62.7% |
Spain | 1.0 | 2.0 | 4.7 | 2.8 | 40.9% |
Malaysia | N/A | N/A | 0.1 | 1.5 | 1400.0% |
Taiwan (Chinese) | 1.7 | 1.0 | 3.6 | 1.2 | -11.0% |
Portugal | 0.9 | 1.4 | 3.3 | 0.3 | -30.7% |
Others | 8.2 | 2.9 | 11.0 | 5.1 | -14.6% |
Total | 78.4 | 60.4 | 161 | 141 | 21.6% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to Brazil in 2022:
- China (29.6K tons)
- Austria (9.0K tons)
- United Kingdom (5.1K tons)
- Turkey (4.4K tons)
- South Africa (4.4K tons)
- France (3.3K tons)
- United States (2.9K tons)
- South Korea (2.8K tons)
- Belgium (2.4K tons)
- Spain (2.1K tons)
- Malaysia (1.1K tons)
- Taiwan (Chinese) (0.7K tons)
- Portugal (0.2K tons)
Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Brazil
For the third year in a row, Brazil recorded decline in shipments abroad of iron or non-alloy steel wire, not plated or coateds, which decreased by -8% to 12K tons in 2022. In general, exports saw a deep slump. The smallest decline of -7.2% was in 2020.
In value terms, exports of iron or non-alloy steel wire, not plated or coateds skyrocketed to $18M in 2022. Overall, exports showed a relatively flat trend pattern.
Export of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Argentina | 1.9 | 4.1 | 4.7 | 6.2 | 48.3% |
United Kingdom | 0.6 | 0.1 | 0.8 | 4.3 | 92.8% |
Bolivia | 3.0 | 1.1 | 2.4 | 2.1 | -11.2% |
Paraguay | 2.1 | 0.7 | 1.1 | 1.9 | -3.3% |
Guatemala | 1.3 | 1.4 | 2.4 | 1.2 | -2.6% |
United States | 1.5 | 0.4 | 0.3 | 0.6 | -26.3% |
Belgium | 0.1 | 1.3 | 0.3 | 0.4 | 58.7% |
Chile | 0.2 | 0.3 | 0.3 | 0.2 | 0.0% |
Morocco | 0.1 | 0.3 | 0.4 | N/A | 100.0% |
France | 4.6 | 2.6 | N/A | N/A | -43.5% |
India | 0.7 | 0.2 | 0.2 | N/A | -46.5% |
Honduras | 0.7 | 0.3 | 0.2 | N/A | -46.5% |
Others | 1.6 | 2.8 | 0.8 | 0.8 | -20.6% |
Total | 18.2 | 15.6 | 14.0 | 17.8 | -0.7% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Not Plated or Coated from Brazil in 2022:
- Argentina (4.8K tons)
- Bolivia (1.7K tons)
- United Kingdom (1.6K tons)
- Paraguay (1.6K tons)
- Guatemala (1.0K tons)
- United States (0.4K tons)
- Belgium (0.3K tons)
- Morocco (0.1K tons)
- Chile (0.1K tons)
This report provides an in-depth analysis of the market for iron and steel wire in Brazil.
This report provides an in-depth analysis of the market for iron and steel wire in Brazil.
This report provides an in-depth analysis of the global market for iron and steel wire.
This report provides an in-depth analysis of the global market for iron and steel wire.
This report provides an in-depth analysis of the market for iron and steel wire in Brazil.
This report provides an in-depth analysis of the market for iron and steel wire in Brazil.
This report provides an in-depth analysis of the global market for iron and steel wire.
This report provides an in-depth analysis of the global market for iron and steel wire.
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